Saturday, November 10, 2012

RFS Renewable Identification Number (RIN) Quality Assurance Program

Under the Clean Air Act, US EPA is responsible for developing and implementing regulations to ensure that transportation fuel sold in the United States contains a minimum volume of renewable fuel. The Renewable Fuel Standard (RFS) program regulations finalized in 2007 (RFS1) and 2010 (RFS2) were developed in collaboration with refiners, renewable fuel producers, and many other stakeholders.

The RFS compliance program is based on the use of unique renewable identification numbers (RINs) assigned to batches of renewable fuel by renewable fuel producers and importers. These RINs can then be sold or traded, and used by any obligated party to demonstrate compliance with the applicable standard.

According to EPA, it has recently come to the agency’s attention that the production, transfer, and use of invalid RINs has resulted in violations for parties that were not aware that the RINs were invalid. To address this, EPA is considering development of a rule will propose a voluntary mechanism for ensuring that RINs have been appropriately generated. No schedule for the proposed rulemaking was released

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